Minera Alamos (CVE:MAI) Reaches New 1-Year High at $0.43

Minera Alamos Inc. (CVE:MAI - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$0.43 and last traded at C$0.42, with a volume of 2153119 shares. The stock had previously closed at C$0.41.

Analysts Set New Price Targets

Separately, National Bankshares cut their price target on Minera Alamos from C$0.70 to C$0.60 in a report on Friday, April 19th.

Minera Alamos Trading Up 3.7 %

The company has a fifty day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.32. The company has a current ratio of 3.50, a quick ratio of 3.89 and a debt-to-equity ratio of 16.64. The company has a market cap of C$196.72 million, a PE ratio of 41.00 and a beta of 1.31.

Minera Alamos Company Profile

Minera Alamos Inc, a junior mining and exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its property portfolio includes the 100% owned Santana project consisting of 9 mining claims with an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; 100% owned Cerro de Oro project covering an area of 6,500 hectares situated in Zacatecas, Mexico; and 100% owned La Fortuna project covering an area of 6,100 hectares located in Durango State, Mexico.

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